@LoadShow wrote:
What about the federal law governing energy efficient HVAC units passed in June or July 2022? My new unit was installed in July 2022.
The changes only apply to items installed in 2023. For an efficient air conditioner installed in 2022, the credit is 10% of the installed cost, with a maximum of $300, and a lifetime maximum on this credit type of $500, so if you took the credit before, you may no longer be eligible.
Starting in 2023, the credit percentage is raised to 30% of the installed cost and the lifetime cap is removed, but if you installed an energy efficient improvement in 2022, you must follow the old law.
https://ttlc.intuit.com/community/tax-law-changes/discussion/faq-revisions-to-section-25c-energy-eff...
